Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Essential Energy Services Ltd T.ESN

Essential Energy Services Ltd. is a Canada-based company that provides oilfield services to oil and natural gas producers, primarily in western Canada. The Company offers completion, production and well site restoration services to a diverse customer base. Its Essential Coil Well Service (ECWS) segment provides completion and production services throughout western Canada. The ECWS fleet is comprised of coiled tubing rigs, fluid pumpers, nitrogen pumpers and ancillary equipment. Its Tryton segment provides a range of downhole tools and rental services across the WCSB and in the United States for completion, production and wellsite restoration of oil and natural gas wells. Its services are offered with coiled tubing, fluid and nitrogen pumping, and the sale and rental of downhole tools and equipment. Its coiled tubing fleet is comprised of generation I, II, III and IV coiled tubing rigs, which are differentiated by their capability to service wells with varying depths and well pressures.


TSX:ESN - Post by User

Comment by Amadeus2011on Aug 17, 2022 8:37am
215 Views
Post# 34901513

RE:RE:RE:Amadeus most certainly

RE:RE:RE:Amadeus most certainly Hi Possible.
Of course. You are correct. It's valid to question that. I think I wasn't clear with my post to Diva.
I was speaking of the lead up to where we are today and her assertion that there is no forward thinking. In my opinion, surviving to fight another day in this business especially through the tough times I laid out speaks directly to solid leadership skills and exemplifies forward thinking.

The increase in prices is a relatively new phenomenon and I certainly do hope ESN takes full adavantage of it. I think the stock is extremely undervalued and has been for years but then investors like Diva and ariesleaf seem to be looking for huge short-term gains. I don't think this is the kind of stock that will deliver this. I think this is the kind of stock you buy for the 5 year horizon at a minimum.
This company is run by people who are long-term strategists. It's chess not checkers. There will be no fireworks and a quick double (or more) that I can see. Of course I hope I'm dead wrong on this last point. Obviously everybody would like to double their money, but I also can appreciate a safe haven for some of my money in a stock that we can all agree is undervalued and will more than likely go up over the long-term without the need for going massively into debt or taking un-necessary risks.
<< Previous
Bullboard Posts
Next >>